The typical asking rate per listing is in the $50's per square foot per year. The North Bayfront region is experiencing a a boost in rates. In the last 3 months, the median rate went up $4 per sqft per year. That's a 8% rise in rent.
Compared to the rest of the East Bay market, the North Bayfront submarket has more expensive rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 7 listings have been made available, which means listings most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 14% of the available space in the North Bayfront are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 27,870 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this market are approximately 5 floors. Most buildings in this area were built in 1968 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this area. Most of the residents of North Bayfront work from home. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.